Net farm income for most representative farms in 2008 will be higher than in 1999. However, low profit farms, which consist of 25% of the farms in the study, may have a negative net farm income throughout the forecasting period and may not have financial resiliency to survive. This is true under...

Net farm income for most representative farms in 2009 will be lower than in 1999. Low profit farms, which consist of 25% of the farms in the study, may have negative net farm income throughout the forecasting period, and may not have financial resiliency to survive. This is true under both...

Income from livestock marketing has declined as a proportion of total gross farm income in the past two decades. • Income from cattle and calves accounts for about 65-75 percent of total livestock income in the state. • Income from milk has ranged from 14-20 percent of total livestock income...